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Rajesh Exports has defended its financial reporting after SEBI's interim order highlighted revenue mismatches of ₹15.15 lakh crore. The company says its revenues are accurate, denies any overstatement, and attributes the issue to a communication gap regarding financial data interpretation.

Indian benchmark indices ended in the red on June 3, 2026, dragged by a sharp sell-off in IT stocks after recent AI-driven gains. Rising crude oil prices, US-Iran tensions, FII outflows, and caution ahead of the RBI policy meeting weighed on sentiment. However, banking stocks outperformed, helping Bank Nifty close nearly 1% higher.

ideaForge touched a new 52-week high as investors cheered its ₹500 crore fundraising approval, return to profit, record revenue growth, and strong order inflows. The indigenous drone maker is also expanding into combat drones and defence platforms, positioning itself to benefit from India's growing focus on defence modernization and drone adoption.

CMR Green Technologies IPO garnered strong investor interest on Day 2, with subscription reaching 4.97 times. The NII category led demand at 11.53 times, while GMP climbed to ₹67.5, signaling a potential listing gain of over 35%.

PhysicsWallah stock rallied nearly 18%, adding ₹5,000 crore in market value after the company announced a major restructuring of its student lending business. The move reduces credit risk, improves scalability, and shifts lending exposure to regulated NBFC partners.

Indian benchmark indices closed nearly unchanged on June 4, 2026, as investors remained cautious ahead of the RBI monetary policy announcement. Easing crude oil prices, strong domestic institutional buying, and gains in Media and Consumer Durables helped support the market, while Titan emerged as a key outperformer on ambitious expansion plans.

Rajesh Exports was once celebrated as a global gold refining powerhouse. Today, it finds itself at the centre of one of India's biggest corporate governance investigations. With SEBI alleging revenue mismatches of ₹15.15 lakh crore, questionable transactions, and fund diversion, the case serves as a powerful reminder that strong governance and financial transparency matter as much as earnings growth.

IFCI stock has surged sharply amid growing optimism around the NSE IPO. With its indirect stake in NSE through SHCIL, investors are viewing IFCI as a potential value-unlocking opportunity. Here's a closer look at the drivers, risks, and outlook for the stock.

Bliss GVS Pharma touched a fresh 52-week high of ₹447 following WHO-GMP approval, strong FY26 financial performance, a 100% dividend declaration, and Anupam Rasayan's proposed acquisition of up to 74.2% stake in the company.

Japan's Nikkei crossed the 68,000 mark for the first time, fueled by strong AI and semiconductor-related buying, while regional markets remained resilient despite escalating US-Iran tensions and rising crude oil prices. For India, elevated energy costs and Hormuz-related supply risks continue to pose challenges, even as the global AI investment cycle supports opportunities for the technology sector.